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BofA analyst maintains a neutral rating for $ASTS stock after the satellite crisis, with a target price of $100
The failure to place the Bluebird 7 satellite into orbit created a negative shock, but does not change the company’s business fundamentals. The company is expected to find it difficult to achieve its goal of placing 45 satellites into orbit by the end of 2026 (. The previous target was 45–60 satellites ), and we expect the company will place 38 satellites (7 fewer than the target ) in 2026"
- UBS analyst maintains a neutral rating (; target $85 )
- Scotiabank analyst rates performance below the market (; target $41.20 )
- Deutsche Bank analyst rates a buy, lowering its target to $117 ( instead of $139 )
In the last 6 months, insiders at the company sold
shares worth more than $443 million, with no notable buy transactions...
#GatePreIPOsLaunchesWithSpaceX 019328374656574839201019328374656574839201019328374656574839201